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Wcwe Report: Bed Bath   038; Beyond Bankruptcy Is Imminent
For criminals, big news creates big opportunities.And businesses beware聽鈥斅爐he聽recent collapses聽of Silicon Valley Bank  SVB  and Signature Bank offers cybercriminals a perfect cocktail of urgency, uncertainty and money movement, creating an irresistible, golden opportunity for scammers and fraudsters to exploit. The phishing has been through the roof, 聽David Tabachnick, chief financial officer at聽HungerRush, told PYMNTS stanley termosky  in a聽recent conversation.  So many people are calling our AP  accounts payable  department saying, Here is my new account number, [transfer funds now]. But those calls arent coming from HungerRushs SVB-banked vendors alerting the business around updates to their billing details, Tabachnick emphasizes. The CFO adds that he has don stanley de e a full assessment of HungerRushs vendors situation as it relates to the SVB crisis.Instead, the calls and emails are coming from cybercriminals looking to capitalize on the ensuing confusion caused by the banking crisis聽鈥斅爐aking advantage of the need for businesses to move their operational accounts and deposits to banks while capitalizing on the fear-driven climate of the present moment with traditional behavioral-driven fraud tactics. Youd be shocked at how many people are trying to scam off [this situation],  Tabachni kubki stanley ck said.Read More:聽The FinTech Fraud Ripple EffectFraud moves fast. Businesses need to move faster.聽The current situation shows how rapidly its possible for fraudsters to move and take advantage of any shift or crack i Zgqe EMVCo聽Issues New聽Specs聽to Ease Acceptance of Contactless Payments
So now we know why everyone takes so long in the bathroom.Theyre checking email. And doing other stuff, of course. But checking email, too, according to a study from Adobe cited by TechCrunch on Thursday  Aug. 27 . As many as 42 percent of Americans have time in the stall to devote to texting and other electronic communication.That discovery comes amid Adobes delve into how email is used  which, as TechCrunch notes, dovetails with the companys email marketing services . I stanley usa n reference to other Adobe-published statistics on email use, 87聽percent of those surveyed said they check work-related email in the home, and 70 percent use television time to check their accounts. And theres truly no rest for the half of respondents who check email while in bed or on vacation. A minority, or 18 percent, noted TechCrunch, flout safety rules and check their devices while driving. That behavior skews younger as 27 percent of people between the age of 18 and 34 do so while behind the steering wheel.In fact millennials 鈥?those most defined by social media and all manner of instantaneous communication 鈥?are relatively more likely to keep tabs on kubki stanley  email than other groups via mobile.Its hard to break the habit, as four in 10 of those surveyed found that聽a  self-imposed email detox  didnt go much bey stanley kubek ond five days, on average. That offers up an indication of just how sticky email, which has been derided in at least some corners as being a dead technology, really is. That also indicates, as TechCrunch